There are certain limitations and drawbacks in funds flow statement even though it provides various benefits to the business organization and used as a best tool for financial
Funds flow statement vs Profit and Loss Statement (Income Statement) The funds flow statement is not prepared in lieu of profit and loss account. The purpose of preparing
Funds flow statement is one of the tool of management accountant. Hence, it helps many ways to the management and outsiders. Uses, Benefits, Significance & Importance of Fund
Generally, the following parties are interested over the funds flow statement. Parties interested in funds flow statement Management, Owners of Shareholders, Banks and Financial Institutions and; Employees. 1.
What is working capital? Working capital is the amount used to meet the day to day operation activities of a business. In the broad sense, the term working
An efficiency of an individual can be assessed only by fixing the standard. If not so, the concerned individual has no option of knowing his level of efficiency.
What is Budgetary control? Budgetary control is the process by which budgets are prepared for the future period and are compared with the actual performance for finding out
What is the purpose of financial statement analysis? The Financial Statement Analysis and interpretation are basic to the decision-making process for creditors, stockholders, managers, and other groups. The
Akin to promissory notes, debentures are instruments for raising long term debt capital. Debentures holders are the creditors of the company. The obligation of the company towards its